Bitcoin ETF

Bitcoin

Spot

<h1 dir="ltr" style="text-align: center;" id="span-img-src-https-cdn-thebittimes-com-images-2024-05-23-1716435635-webp-width-800-height-600-alt-br-span"><img src="https://cdn.thebittimes.com/images/2024/05/23/1716435635.webp" width="800" height="600" alt=""> </h1>
According to the latest round of 13F filings, billionaire and owner of the New York Mets, Steven Cohen’s hedge fund, Point72, joined several other hedge funds for holding $77.5 million in Spot Bitcoin ETFs. Meanwhile, <a href="https://borroefinance.ai/?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tbm&amp;utm_content=41" target="_blank" rel="noopener noreferrer nofollow">Borroe Finance ($ROE)</a> has just completed its presale and aims to ride a bullish rally in the post-exchange launch.&nbsp;
$ROE has emerged as one of the top crypto coins in this downturn market. Let’s learn more.
<a href="https://borroefinance.ai/?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tbm&amp;utm_content=41" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt;BUY $ROE TOKENS NOW&lt;&lt;</a>
<h2 dir="ltr" id="span-billionaire-steven-cohen-s-point72-holds-77-5-million-in-spot-bitcoin-etf-span">Billionaire Steven Cohen’s Point72 Holds $77.5 Million in Spot Bitcoin ETF</h2>
On May 18, crypto news reported that Steve Cohen’s hedge fund, Point72, held $77.5 million of the Fidelity Bitcoin Spot ETF (FBTC) in the first quarter of 2024. Moreover, Cohen’s hedge fund is worth $34 billion.
In the recent 13F filings, Point72 has joined many other hedge funds that have revealed their investment in Spot Bitcoin ETFs. Some of the main buyers included Elliott Capital, Millennium Management, Fortress Investment Group, and so on.
Most interestingly, out of the top 25 hedge funds in the US, 13 of them have invested in Spot Bitcoin ETFs in Q1 of this year. This is a testament to eliminating previous institutional hesitations about digital assets. These hefty purchases of Spot ETFs might be a long-term bet in the evolving crypto world.&nbsp;
Despite the massive adoption of Spot Bitcoin ETFs, the number one in the top 5 cryptocurrencies, BTC was trading below the $70,000 mark. As of mid-May, BTC was trading at around $66,600, representing a 4.22% growth in the past month.
<h2 dir="ltr" id="span-borroe-finance-rides-bullish-rally-as-market-recovers-span">Borroe Finance Rides Bullish Rally As Market Recovers</h2>
As the Spot Bitcoin ETFs market excels for institutions, investors are still eyeing unmatchable profit on <a href="https://borroefinance.ai/?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tbm&amp;utm_content=41" target="_blank" rel="noopener noreferrer nofollow">Borroe Finance ($ROE)</a>. If you were sleeping, it is time to get up and join savvy investors in the race to invest in Borroe Finance’s $ROE. This trailblazing CrossFi protocol has reignited downturn market momentum following its DEX (decentralized exchange) launch.
According to its price projection, Borroe Finance has launched its governance token–$ROE at $0.025. So, early adopters have enjoyed a whopping 150% surge in their initial investment. This momentum is likely to grow as $ROE has fueled positive market sentiment.
Right now, Borroe Finance is in the vesting process where it has been airdropping $ROE tokens to its investors. Only 3 days are left to complete the vesting process in its 6-week airdrop schedule.
Besides, Borroe Finance has evolved as a revolutionary force in the Web3 space. It intends to mark a great impact as one of the top DeFi projects. Borroe Finance plays an instrumental role for Web3 users and businesses to get instant loans by using their future revenue or invoices as collateral. This is done by selling trending NFTs representing their earnings in an outstanding P2P marketplace that links buyers and sellers.
With this, Borroe Finance aims to accelerate the DeFi anthem. Additionally, it leverages AI, NFT, and blockchain technology to singlehandedly solve the liquidity crisis. That’s why Borroe Finance has garnered widespread market interest. So, experts deem $ROE one of the top altcoins to watch.&nbsp;
Learn more about Borroe Finance ($ROE) here:
<a href="https://borroefinance.ai/?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tbm&amp;utm_content=41" target="_blank" rel="noopener noreferrer nofollow">Visit Borroe Finance Presale</a> | <a href="https://t.me/Borroe" target="_blank" rel="noopener noreferrer nofollow">Join The Telegram Group</a> | <a href="https://twitter.com/Borroe_Finance" target="_blank" rel="noopener noreferrer nofollow">Follow Borroe Finance on Twitter</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/steven-cohen-s-point72-reveals-spot-bitcoin-etf-holdings-borroe-finance-presale-momentum-rides-on-market-recovery-tbt89363.html">https://thebittimes.com/steven-cohen-s-point72-reveals-spot-bitcoin-etf-holdings-borroe-finance-presale-momentum-rides-on-market-recovery-tbt89363.html</a>

Steven Cohen’s Point72 Reveals Spot Bitcoin ETF Holdings; Borroe Finance Presale Momentum Rides On Market Recovery

Table of Contents

TheBitTimes

Other articles published on May 23, 2024

XRPL Transactions Surge Over 100% in Q1 2024 as Average Costs Plummet, Ripple Report Reveals

Crypto Update: Meme Coins Steal Spotlight as Bitcoin Reaches $71K

Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey

Bitcoin Price to Soar to $250K Predicts CrossBridge MD Amid UK ETP Debut

New Bitcoin Addresses Plunge To Lowest Since 2018; Investors Continue To Grow On Algotech Presale...

Ex-FTX CEO ends up in Oklahoma prison despite request from judge

Join our free newsletter for daily crypto updates!